Consumer Protection: A Cancelled Project Doesn’t Leave You Out of Pocket

If you check out Toronto’s skyline, you’ll see cranes – lots and lots of cranes. They’re a sign of the times in today’s condo construction boom. While the frenzied market we saw for detached homes in 2017 has calmed down a bit, the demand for condos has continued to grow as people see them as the only affordable option.

While there seems to be no shortage of willing condo buyers, however, there is a shortage of preconstruction condos available for sale. Unfortunately, this is due in part to development projects taking longer than expected to be built, or some being cancelled altogether.

There may be many different reasons why some developments don’t ever get constructed – for example, the builders might lack sufficient capital or fail to obtain the necessary zoning or permits. Whatever the cause, a cancelled project can leave purchasers without a home to look forward to. The good news is that it shouldn’t leave them out of pocket.

Under the Condominium Act, if a condo project is cancelled, purchasers are entitled to receive their entire deposit back, including any payments made for extras and upgrades. This is because the builders are required to put these monies in trust or provide alternative acceptable security. If a project is terminated and for some reason the deposits and other amounts are not repaid by the vendor then condo buyers are eligible for protection from Tarion up to $20,000, plus certain accrued interest.

If you’re buying a pre-construction condo, there is always a risk that the project could be delayed or cancelled. There have even been cases where purchase agreements are terminated and then the condos are constructed at a later date.

That’s why it’s important for potential buyers to know that under the Ontario New Home Warranties Plan Act, a builder must attach an Addendum to every condo purchase agreement that requires them to disclose the status of the zoning approval and construction. It also limits what kind of early termination conditions that they can impose in the purchase agreement and obligates them to use reasonable efforts to meet these conditions before they can cancel the project.

There are consumer protections in place to ensure that all reasonable steps are taken to complete a condo project, but it is important to understand your rights as a purchaser if it does not. If your purchase agreement is terminated through no fault of your own, you should get your money back within 10 days. If you don’t, Tarion is here to help.

HOWARD BOGACH is president and CEO of Tarion Warranty Corp., a private corporation established to protect the rights of new homebuyers and to regulate new home builders. Tarion.com

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

The Spring and Fall BabyTime Shows are Toronto’s ORIGINAL BABY SHOWS. There is no other baby show in the Toronto area that has the major brands, unique artisans, innovative products, important services, parenting experts, stellar education and top notch toddler entertainment all under one roof.

With 46 years of experience providing the absolute best in Air Conditioning & Heating service, we at Applewood continue with a family tradition of quality and value. Regardless of how small or large the project, Applewood’s customers can be assured they will receive discerningly personalized services – something not possible from companies owned by corporate conglomerates.

Thermador has been providing real innovations for real cooks for more than 75 years. The iconic line of cooking, cleaning, refrigeration and ventilation products remains committed to empowering culinary enthusiasts to be their best through continuous innovation breakthroughs. Thermador is part of BSH Home Appliances Corporation, a fully-owned subsidiary of Bosch and Siemens Home Appliance Group.

Whether you have an eye for traditional or prefer a contemporary look, we have everything you need to customize your kitchen, bathroom or Home. We offer exclusive designer lines, quality pieces and unique designs at Budget Friendly Prices. Offering European vanities, showers, and unique plumbing fixtures, any space can be transformed into your personal home with the help of our knowledgeable staff.

Dimplex North America Limited is the world leader in electric heating, offering a wide range of residential, commercial and industrial products. The company’s commitment to innovation has fostered outstanding product development and design excellence. Stoves, fireplaces and specialty fireplaces are sold throughout North America under the Dimplex brand name for consumers and under OptiFlame for builders.

Consumer Protection: More Deposit Protection

Changes to act means down payment coverage has increased

When you buy a resale home, you can see what you’re getting before you sign an agreement and invest your money.

However, when purchasing a newly built home, your home may only exist as a floorplan when you put your deposit down. It’s then on your builder to bring your investment to life.

But if your home never makes it beyond the floorplan and your builder does not — or cannot — return your deposit, it’s good to know that your deposit is protected.

As of January 1, changes to regulations under the Ontario New Home Warranties Plan Act mean that new homebuyers of non-condominium freehold homes have more of their deposit money protected than ever before.

How does this work?

If you paid $600,000 for your home or less, you are eligible to receive up to $60,000 to reimburse you for amounts paid to the builder. If your home was more than $600,000, you are eligible to receive up to 10 per cent of the purchase price, to a maximum of $100,000.

In addition, the passage of the Strengthening Protection for Ontario Consumers Act, 2017, means that this deposit protection now includes other payments, such as those made for upgrades and extras.

While this enhanced coverage only applies to non-condominium freehold homes, it’s important to note that condo buyers are also protected by the Condominium Act, which requires that the full deposit be placed in trust. If, for some reason these funds are released improperly from the trust, Tarion will cover up to $20,000.

A new home is a big investment – one of the biggest of our lives. And while you can’t put a price on peace of mind, I’m pleased that we’re able to provide deposit protection that is more in line with today’s home prices.

If you’re looking to buy a new home this year, I encourage you to visit Tarion. com to learn more about Tarion’s new deposit coverage.

Howard Bogach is president and CEO of the Tarion Warranty Corporation. His column appears 10 times a year in HOMES Magazine. For more information about how Tarion helps new homebuyers, visit Tarion.com or find them on Facebook at Facebook.com/TarionWarrantyCorp

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

Perma-Wood® has been a leader in the renovation industry for 30 years. We started humbly with a small greenhouse window at a home show three decades ago. The idea was to create open, bright and dramatic living space using glass and wood in an effort to extend the outdoor season by “bringing the outdoors in”. Despite how far we have come, our original motto of “outdoor living indoors”, still rings true today.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. Euro-Line Appliances are proud distributors of products from AEG, LIEBHERR, PORTER&CHARLES, SMEG, and FRANKE in Canada.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

Greater deposit protection coming for Ontario’s new homebuyers

Buyers of new homes in Ontario will soon have greater deposit protection upon a new policy and regulation proposed by Tarion coming into force.

Based on extensive public feedback last spring, Tarion is proposing to increase deposit protection for non-condominium freehold homes from the current $40,000 to 10 per cent of purchase price to a maximum coverage of $100,000 and a minimum of $60,000.

The minimum threshold of $60,000 coverage ensures that all non-condominium freehold homes will have increased coverage under this proposal; this means that non-condominium freehold homes with a purchase price below $600,000 will have up to $60,000 in coverage.

The proposed changes are contained in a draft policy and regulation that Tarion posted today on Tarion.com for public comment. This proposal has also been posted on Ontario’s Regulatory Registry.

The new deposit protection coverage is expected to be in place in January 2018.

As well, if Bill 166, the Strengthening Protection for Ontario Consumers Act, 2017 is passed, then upon Royal Assent the current deposit protection under the Ontario New Home Warranties Plan Act (ONHWPA) would be extended to include other payments such as those made for upgrades and extras.

The proposed policy and draft regulation will be posted on Tarion’s website and on Ontario’s Regulatory Registry for 45 days. We encourage consumers and others to visit Tarion.com or Ontario’s Regulatory Registry to read the regulation and provide feedback.

Deposits with respect to condominium dwelling units are not part of the proposed changes because condominium dwelling units already enjoy significant protection: any deposit amounts are protected by the trust provisions of the Condominium Act, 1998 as well as by coverage under ONHWPA of up to $20,000.

Currently, deposits for new non-condominium freehold homes are protected under the ONHWPA up to a maximum of $40,000.

Deposit protection levels, under ONHWPA, for non-condominium freehold homes and condominium dwelling units were last changed in 2003 and the Ontario housing marketplace has changed dramatically since then with the escalation of new homes prices across the province.

In 2016, Tarion publicly committed to a review of deposit protection for Ontario’s new homebuyers. The Ministry of Government and Consumer Services also publicly stated its desire for Tarion to move forward with a review in this current marketplace.

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

Luxury home builder and land developer, Kylemore Communities/Angus Glen Development, embraced the spirit of giving this season with a donation to benefit Markham Stouffville Hospital Foundation and by hosting an annual Holiday Celebration for consultants, suppliers and staff.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

The National Kitchen & Bath Association (NKBA) is the premiere association for kitchen and bath professionals. Fifty years after its inception, the NKBA has a membership of more than 60,000 members and is the proud owner of the Kitchen & Bath Industry Show (KBIS).

Centurian Window Fashions brings together an exclusive selection of custom shutters, blinds and drapes in a wide range of colour choices. Our showroom provides an extensive selection so you can pick the perfect decor fit for your home. Our one stop shop location is made so you don’t have to go shopping around for different brands at different places.

For more than 100 years, Hoover® has designed powerful, easy-to-use products that clean your entire home from floor to ceiling, and even the very air you breathe. That’s why we’re a household icon and one of the most trusted brands in America – Hoover® Nobody does it like you™.

Editor’s Choice: Great Gulf

Going beyond the necessary to insure its purchasers

Great Gulf began in 1975 with a belief that we weren’t just building homes, but creating spaces. From breaking ground at our first lot, to becoming one of North America’s most respected home builders — we’ve come a long way. Great Gulf is now introducing a new standard to its homebuyers by purchasing insurance coverage on the full amount of their deposits.

Only the first $40,000 of a deposit on a freehold house purchase is currently covered by Tarion Warranty Corporation.(1) Recognizing that in today’s residential real estate market the average deposit usually exceeds this amount, Great Gulf has decided to purchase, at no cost to the homeowner, Westmount Guarantee Services Inc.’s Westmount Protect deposit insurance(2) on the balance of each new home deposit.

Peace of mind now comes standard when insuring your full deposit on a new Great Gulf home. A first in Ontario, Great Gulf and Westmount Guarantee Services are partnering to provide Westmount Protect deposit protection insurance with each new home purchase transaction. This program will be launching immediately with the new Westfield community location in Brampton.

“We’re always looking for new ideas and new innovations to provide our home buyers with the best possible options,” explains Christopher Wein, president of Great Gulf. “We pride ourselves in building homes to the highest possible standards of quality and design while ensuring that our purchasers have peace of mind when making a major investment commitment. We are delighted to offer this advantage to our customers so that they may benefit from the serenity of knowing their initial investment is protected.”

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

Luxury home builder and land developer, Kylemore Communities/Angus Glen Development, embraced the spirit of giving this season with a donation to benefit Markham Stouffville Hospital Foundation and by hosting an annual Holiday Celebration for consultants, suppliers and staff.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

Trex is the world’s #1 decking brand and the inventor of wood-alternative composite decking. Trex invented, defined and perfected composite decking with a selection of low-maintenance, high-performance, eco-friendly decking products that help create the perfect outdoor living space. Because Trex believes that you should spend your time relaxing on your deck, not maintaining it.

Matt Smith is a real estate professional in downtown Toronto, specializing in the prestigious neighbourhood of Yorkville. Not only does Matt bring a wealth of knowledge, an extensive rolodex and a MBA to the table, but his business approach, tenacious negotiating skills and ability to identify opportunities has made Matt an invaluable asset to his clients.

Kitchen & Bath Classics, is a homeowner-friendly wholesale showroom designed and operated by Wolseley Canada. Our studios are open to the public, providing an enjoyable in-store experience, a wide selection of quality fixtures and brands, with the knowledge and support of expert consultants.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. Euro-Line Appliances are proud distributors of products from AEG, LIEBHERR, PORTER&CHARLES, SMEG, and FRANKE in Canada.

Tarion resources now available in Tagalog

Since 1976, it has been Tarion’s job to make sure the new home warranty program is there for all Ontarians and it is proud to announce that the Tarion Warranty Corporation is now offering information about the statutory new home warranty in Tagalog, thanks to partnerships with leaders in Toronto’s Filipino community.

The value of Tarion’s Tagalog initiative is twofold, notes Peaches Madarang, owner of Toronto’s Thinc10 Inc. “This service not only helps professionals educate and protect Filipino-Canadian consumers, it also personalizes and enriches the experience of buying a new home for consumers whose first language is Tagalog.”

Two publications – the warranty brochure and an educational video – are currently available on Tarion.com. This is the first new language to be launched in 2017 as part of Tarion’s growing collection of multilingual resources.

“We know that buying a new home can be complicated. There are many steps to complete before, during and after the new homebuying process,” said Siloni Waraich, vice president of stakeholder engagement. “Tarion hopes that providing materials in multiple languages will help make the process easier for all new homebuyers. We look forward to continuing to expand our multilingual resources to better educate, protect, and reach even more consumers across Ontario.”

Tarion engages in regular outreach to communities across the province to ensure that new homeowners are properly educated on its warranty process. Tarion is partnering with the Filipino Canadian Real Estate Association (FILCREA) to launch these educational materials and make them widely available to Ontario’s Tagalog-speaking community.

“Our community’s realtors and groups like FILCREA know how important it is to ensure all new homebuyers understand what their rights and responsibilities are,” said realtor Monica Vera of Century 21 Atria Realty and member of the Toronto Real Estate Board (TREB). “The information provided by Tarion helps outline exactly what new homebuyers can expect. This is another way we continue to serve all our clients with integrity and professionalism.”

Tarion has already released homeowner resources in Punjabi, Mandarin, French and Farsi and will soon be publishing more resources in additional languages.

For the past 40 years, Tarion has been enhancing confidence in the new home buying experience. Tarion is a private, not-for-profit corporation that administers the Ontario New Home Warranties Plan Act, and backstops the warranty coverage. We set the standards for builder licensing and after sales service and step in when your builder cannot or will not fulfill their warranty obligations. Since 1976, Ontario’s new home warranty program has registered close to two million homes and paid out hundreds of millions of dollars in warranty claims. Our mandate is to serve the public interest, and is what guides us every day.

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

Luxury home builder and land developer, Kylemore Communities/Angus Glen Development, embraced the spirit of giving this season with a donation to benefit Markham Stouffville Hospital Foundation and by hosting an annual Holiday Celebration for consultants, suppliers and staff.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

Bullfrog International, LC is the parent company of the Bullfrog Spas® hot tub brand. Bullfrog International designs and manufactures the world’s only luxury hot tubs with the patented JetPak Therapy System™. JetPaks® are modular jetted spa seats that allow the user to customize, interchange and upgrade their hot tub's jetted massages at anytime.

Right from our opening in 1989, The Floor Shop has focused on developing extensive product knowledge on all hardwood flooring, engineered hardwoods, exotics and green flooring products. Over the years, we have developed a team of professional installers, accurate estimators, and very informative customer service staffers. Our GTA showrooms feature hundreds of floor samples by species, colour, milling profiles and installation applications.

Build Bold Inc is a unique and competitive online marketplace offering the only the best names in building and renovation supplies at great prices. We are an independent, Canadian owned & operated company, located near the Greater Toronto Area. We are constantly striving to enhance and improve our business by offering a simple and convenient online ordering model as well as an easy mobile tool for people on the go.

Brampton, Tarion join forces

The City of Brampton, Ontario’s fourth largest municipality, joins 14 other Ontario municipalities as the newest participant in a pilot project to help protect new homebuyers from new home construction not covered under warranty. Applicants for a new home building permit in the city must now present either their Tarion Warranty Corporation registration number or a letter of confirmation to obtain a permit through Brampton Building Services.

This pilot initiative supports the Ontario Government’s 2014 Budget commitment to fight the underground economy, including the practice of illegal building. The pilot was launched in 2015 as a partnership between Tarion, the Ontario Building Officials Association (OBOA) and the Ontario Home Builders’ Association (OHBA).

“We are happy to be partnering with Tarion on this important protection initiative for new homebuyers in the City of Brampton,” said Brampton Mayor Linda Jeffrey. “This builds on our great working relationship with Tarion after we partnered with them last year to launch their resources in Punjabi, allowing them to reach more homeowners in Brampton in their native language. We look forward to working with them again in 2017.”

“Illegally built homes can result in financial loss and heartache for unsuspecting buyers that are taken advantage of,” said Brampton’s chief building official, Rick Conard. “This new strategy gives us additional tools to enforce obligations for warranty coverage prior to issuance of a permit.”

“Registered homebuilders in Ontario are excited to work with Tarion and municipalities such as Brampton to enhance warranty protection,” said Joe Vaccaro, CEO of the OHBA. “This pilot helps educate new homebuyers of their warranty rights and the importance of working with a registered builder.”

“We are so excited to have Brampton, Canada’s second fastest growing community, join our pilot program. As a city that has so much to offer families and newcomers, it is important to ensure that they have the confidence in the largest purchase they will make in their lives – a new home,” said Siloni Waraich, vice president of stakeholder engagement at Tarion.

In Ontario, anyone acting as a vendor/builder of a new home must be registered with Tarion to automatically place the home under warranty. Homeowners who wish to be exempted from the Ontario New Home Warranties Plan Act must apply for a letter of confirmation from Tarion.

Tarion administers and enforces the Ontario New Home Warranties Plan Act and Regulations. Warranties include protection for deposits, protection against financial loss for contract homes, compensation for delays in closing or occupancy, protection against unauthorized substitutions, one- and two-year warranties for certain defects in work and materials, and a seven-year warranty for major structural defects.

The Ontario Ministry of Government and Consumer Services has empowered Tarion to administer and enforce the Ontario New Home Warranties Plan Act and Regulations. Warranties include: protection for deposits, protection against financial loss for contract homes, compensation for delays in closing or occupancy, protection against unauthorized substitutions, one and two year warranties for certain defects in work and materials, and a seven year warranty for major structural defects.

The Bank of Canada held its target for the overnight rate at 1.75 per cent on Jan. 9, where it has been since October 2018, and is lowering its growth forecast this year for Canada and around the world.

It may be a new year, but not necessarily a happy one for everyone. A new CIBC poll finds paying down debt is the top financial priority for Canadians heading in 2019. Almost a third (29 per cent) say they've taken on more debt in the past 12 months, citing day-to-day expenses as the key reason for piling up debt.

Pantone’s 2019 Colour of the Year “Living Coral” can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk decor trends and learn how to incorporate this vibrant hue into our home for the upcoming year.

A team of volunteers from Great Gulf recently prepared and served food at Ronald McDonald House Charities (RMHC) in Toronto, by participating in the Home for Dinner program bringing smiles and a delicious, hot dinner to 150 people.

The GTA new home market saw more typical activity levels in November, both in new home sales and new project openings, after a relatively strong October, the Building Industry and Land Development Association (BILD) reports.

Luxury home builder and land developer, Kylemore Communities/Angus Glen Development, embraced the spirit of giving this season with a donation to benefit Markham Stouffville Hospital Foundation and by hosting an annual Holiday Celebration for consultants, suppliers and staff.

X-Tile is sure to have whatever you need to express your unique individual style. We offer you an exceptional variety of wall and flooring options in ceramic, porcelain, natural stone, glass, mosaic and much more from leading suppliers around the world. Let our knowledgeable and friendly staff help you in your dream renovation or building project.

More than a kitchen and bath luxury showroom, The Water Closet offers unparalleled service, selection and solutions for all your plumbing and heating needs. Our goal is to be your full-service showroom while “Enhancing the Flow of Life”.

With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.

Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.

At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!

We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.

Fisher & Paykel incorporates the world’s most innovative technologies and produce the most technically advanced, efficient and contemporary styled appliances. DCS created the first line of high end, commercial quality appliances and expanded to pioneer indoor and outdoor kitchen solutions for the at home chef. TRADE ONLY.

Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.

BONE Structure has designed and patented a structural steel frame and insulation system that is the best integrator to build Net-Zero Energy custom homes. Using an integrated process inspired by the aerospace industry, we design and build high-performance, sustainable homes.

Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.

Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.

Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.

Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.

Through our customer feedback, we have learned the importance of ‘service’. You said and we listened. We addressed your needs and improvised; bringing you services and quality no one in the industry offers.

Since 1989 Men At Work has specialized in renewing and enlarging older houses in core Toronto neighbourhoods. We are experts in managing the challenges of renovating sensitive old buildings into beautiful, functional, comfortable living spaces.

Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.

Custom Drapes and Drapery, California Shutters, Blinds and Shades has been our only business since 1985. You will only deal with trained, experienced drapery specialists, curtain makers and window treatment installers. From Hunter Douglas, Elite, Levolor, Sunglow and others, we offer the best in world-class Drapery, Curtains, California Shutters, Blinds and Shades that meet your requirements and budget.

DRIcore is the first and most important step towards creating a new living space as warm and comfortable as any other space in your home. DRIcore is the one-step engineered subfloor solution that is specifically designed for basements. The raised moisture barrier covers cold, damp concrete to protect, insulate and cushion your finished floors.

Trex is the world’s #1 decking brand and the inventor of wood-alternative composite decking. Trex invented, defined and perfected composite decking with a selection of low-maintenance, high-performance, eco-friendly decking products that help create the perfect outdoor living space. Because Trex believes that you should spend your time relaxing on your deck, not maintaining it.

The Modular Home Renovation process is truly unlike any other. While our goal is to make your renovation as quick and seamless as possible, each project is treated with the same amount of care and attention as the other.